Flashnet Launches USDB Stablecoin Based on Bitcoin
Date: 2025-06-26 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Crypto exchange Flashnet has announced the upcoming launch of a stablecoin called USDB, which will be based on the Bitcoin infrastructure. The issuer of the digital asset will be Brale, a company registered and regulated in the United States. As the platform representatives specified, the coin will be backed by US government debt obligations.
The release of USDB is planned on the NFT platform Magic Eden, where the stablecoin will be integrated with a mobile interface and a decentralized application. The company emphasizes that this will be an important step towards building a full-fledged financial ecosystem based on the first cryptocurrency.
Flashnet CEO Ethan Marcus noted that the new coin will allow the formation of BTC-stablecoin pairs, opening up new opportunities for traders. Institutional market participants will be able to manage dollar liquidity directly within the Bitcoin network, without the need to withdraw funds to external systems. This also creates conditions for more flexible risk hedging.
Developers of decentralized solutions will have at their disposal a stable financial instrument that will be integrated into smart contracts and other Bitcoin-based products. The launch of BTC-USDB liquidity pools is also expected, thanks to which users will be able to exchange cryptocurrency for US dollars directly in the blockchain, bypassing traditional intermediaries.
According to Flashnet representatives, such an innovation can strengthen the decentralization of financial transactions and reduce dependence on centralized exchanges. However, this does not exclude existing concerns that have previously been expressed by a number of financial institutions. In particular, the Bank for International Settlements has already stated that the widespread use of stablecoins could threaten the financial sovereignty of individual states and provoke an outflow of capital from developing economies.
However, Flashnet expects the launch of USDB to attract new users and strengthen Bitcoin's position as a full-fledged payment platform, not just a store of value.
